4156 Dwight Avenue

Riverside, CA 92507

$509,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1943

calendar_month Built

Property Description

Charming duplex located near downtown and UCR for sale! There are two separate units with a common wall. Each unit offers 1 bedroom, 1 bathroom, a living room, and a kitchen (stove stays). Each unit also has an attached laundry room, large enough for a tenant-supplied washer and dryer, accessible from outside the unit. Both units include a wall furnace in the living room and two a/c wall units - one is located in the bedroom and one in the living room. The electricity and gas is separately metered, the water is on one meter. The front unit’s address is 4156, and is 506 square feet, and offers convenient street parking. The back unit’s address is 4158, and is 570 square feet, and boasts a chan link gated pull through fence along the back, with a private concrete pad which is space for two cars. The parking space is accessible from the alley behind the unit. The duplex’s yard is enclosed by a chain link fence and each unit has their own gated, fenced yard. The front yard is equipped with automatic sprinklers for easy maintenance. The seller is selling this property with tenants in place, providing immediate rental income! The front unit, 4156, was rehabbed 2 years ago with new laminate flooring through out, bottom cabinets in the kitchen,stove, new wall furnace, window coverings, new tile, repairs to subfloors in the kitchen, new bathroom vanity and more! Both tenants are on a month-to-month lease. The front tenant (4156) pays $1,575, and the back tenant (4158) pays $1,625 with a rent increase in April to $1650.00. Both units are managed by a property management company. This company has the tenant’s security deposits. Seller pays for repairs/maintenance, lawn maintenance, $140 a month, pest control (bugs), $98 every other month and water, which is about $65.00 a month. This property was initially purchased as a "multi-family dwelling, 2-4 units". Please do not disturb tenants! Drive by only. Make offer subject to interior inspection. Tenants do not know the property is for sale. NO SIGN ON THE PROPERTY. Buyer to verify square feet, permits, etc.

Listing Information

List Price $509,000
Status Active
MLS IV25062875
HOA $0
Type Residential Income
Subtype Single Family Residence
Year Built 1943
Lot Size 5,663
Structure Size N/A
DOM 1
Courtesy Of COLDWELL BANKER ASSOC BRKR/MEN
Listing Agent MICHELLE CARNLEY DRE#01985202

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, Laundry Room, Outside
Bedroom Information
Features Bedroom on Main Level, All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Wood
Additional Information
Additional Features Unfurnished, All Bedrooms Down, Bedroom on Main Level
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Wall Furnace

Exterior Information

Other Structures
Views Neighborhood

Maps

home_work Nearby Properties

Listing information courtesy of: MICHELLE CARNLEY, COLDWELL BANKER ASSOC BRKR/MEN . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 25th, 2025 at 1:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.